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20121027
20121104
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andrew and katrina. welcome, mr. dan tony. how do you think this storm is going to rank as compared with the biggest storm ever, which was katrina, in terms of insured losses, and andrew? >> well, katrina was an $80 billion insurance convenient, not take nothing consideration the economic impact as well. and a much different type of storm. the biggest problem with sandy it is a densely populated area of the country. early on in the claims process, i believe that the estimates of $20 billion range could be close. then you also have to look at the economic impact with the new york stock exchange being closed for two days, quite a few petroleum refineries shutdown along the east coast that could have an effect, as you had in an earlier broadcast that the airlines -- >> talk me -- >> thousands of flights. >> let's say i'm a small business owner, i own a pizza shop on the jersey shore or i own a dry cleaner out in queens that was damaged, what typically is covered under my business policy that i carry and what suspect? if it's flooding is it covered? >> unfortunately, flooding is an addi
government has stepped in to help. this is the third hurricane i've covered in my lifetime, andrew, katrina and now this. we are at the point where the population gets furious and they turn on the government. the government can just not handle the huge, huge logistical requirements that happen after a storm like this. could this actually turn on the president at some point here? >> reporter: i don't think so. i think what the president has had the opportunity to do is show americans that he was involved in an effort that the country was rallying behind and do his job in a way that got praise by the keynote speaker at the republican convention, chris christie, very tough critic of the president otherwise. so i don't think many voters are going to blame president obama for what's going on right now, and leave aside the fact that the states in which the difficulties are occurring db new york, new jersey, connecticut are all reliantly democratic states. what is much more important to the outcome of this election, michelle, is what's going on behind me at this afl-cio phone bank where union volu
following a critical disaster. he got the port of new orleans up and running after hurricane katrina in 2005. gary lagrange joins us now from new orleans. welcome to the program. it is good to see you here. if the port of new york were to make a call to you and say, look, gary, you've done this before, what should we do? what would you say to them? >> well, first, i think the port of new york, new jersey is in great hands. admiral rick larabie has weathered the storm many times before. the communications aspect is first and foremost about anything. the pilots, noaa, coast guard, army corp of engineers, all staying in touch with each other to ensure that the port and the harbor can open just as quickly as possible to assure that the safeguard and movement of commerce is first safe, but also expeditious as well. because of the magnitude of a port like new york, new jersey, just is an absolute must. a huge market area. many consumers relying on it. >> more broadly, ceos who are obviously attempting to hold businesses together and ensure that they function, many of them in a very, very difficult
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